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DVD : Wall Street Warriors: Season 1 |
- Worth watching for active traders; compelling -- get it!If you're a day or swing trader, this is solid enough programming, some good insights and 'sound bites', at least it's a good change from financial news tv/talking heads.
I found it interesting to watch, because there's not much out there on video for active traders, so it was worth seeing at least to watch perspectives from a handful of traders, to hear how they think about trading. Other reviews here are pretty much on target. Well-produced, fast paced and interesting. "Must see" for active traders.
Rating:
- Wall Street WarriorsI thought the dvd was entertaining but I didn't live up to my expectations as far as the daily going ons on wall street goes. It was a little superficial.
Rating:
- A disappointing documentary look at Wall Street insidersThis show was based on a series of interviews with various Wall Street folks.
While somewhat interesting in places, overall I was disappointed.
Any advice about investing or success on Wall Street was extremely vague, and mostly sounded like standard business platitudes.
The common theme from the traders shown was that their job life is frenetic. The pace and style is, ironically, exactly opposite the tried and true methodology for the vast majority of successful INVESTORS (i.e. as opposed to speculators) - as described by legendary folks like John Bogle and Warren Buffett.
Timothy Sykes, a day trader who had made a killing in the post-internet market collapse (as a microcap short biased trader -- he was obviously in the right place at the right time) was a perfect example of the hyperactive, overconfident, and self-congratulatory 20-somethings that are playing the Wall Street game. These folks seem to have NO clue that making $10 million to $100 million on Wall Street by trading is about as realistic for 99++% of traders as the ghetto kid who is convinced he'll make the NBA by playing basketball instead of studying. I guess the youth get their drive from dreaming big.
(To his credit, Tim does admit he was lucky when he made his big gains). On the other hand, he talks about the need to control emotions, but is constantly very emotional when he trades and discusses his trading. He also seems completely random to me as he trades -- basically, he's a technician who gets his contrarian ideas from Wall Street and technical publications. Not exactly unique. Not exactly insightful, though apparently delusional.
Another common theme was an extreme attachment to wealth and the arrogance the taste of wealth (like a house in the Hamptons, a fancy car, and fancy food, etc) gained clearly implied -- that folks who couldn't afford such a thing are clearly inferior to the folks that can. I guess this is all too predictable, but I was hoping folks who are supposedly so brilliant or talented or socially in tune would have a BIT of perspective or social insight into how the world works.
Most of the folks, like a specialist or a futures floor trader just explained the basics of what their jobs entail. Nothing insightful there at all.
I was hoping to get some meaningful insight into what some of the truly genius folks on Wall Street do and how they think. maybe some useful insight into what to read or how to do research (more sophisticated than seeing how prevalent a brand of blue jeans are in certain stores).
If you are an investor looking to actually learn something - take a big pass on this title.
Rating:
- I kept watching...I trade stocks from home a little bit and the show inspired me. Best parts were the trading floors, Alex and Tim turning $16,000 into $1.5 million. It doesn't get very detailed on the technical side of finance, which I guess is good because that would be kind of boring. I've caught a few episodes of the new season on TV - it's pretty entertaining, especially the 28-year-old Hedge-fund Manager who runs a $100 million fund - Damn! I got to go back to school!
Rating:
- SweetI watched it with my wife and she loved it too. We had a great time and enjoyed the characters. For some reason it capture my attention. Finally a show to distract my wife from Project Runway. I'm going to kill her if she stays with that crap. I mean, come on, another one of these woman shows with models prancing around? Anyway, I just wanted to say I'm enjoying the show this year. Its slicker graphics and faster pace set it apart from the other shows on Mojo. Please let me know when episode 2 is going on sale. Because my stockbrokering cousin will die when he sees his colleagues on TV. I heard about the Sandisk thing and I know its been up and down, so I'm wondering where that's going to go.
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